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B corporations: Fostering opportunities for women and youth in Latin America

During the 2000s, economic growth coupled with increased social investment reduced poverty and increased labour market opportunities in Latin America. However, some groups, in particular women and youth, were left behind — and the small gains they have made are in danger of being reversed by the current slowdown in growth.

The emergence of inclusive business models, or “purpose enterprises”, through which enterprises advance business objectives and development goals simultaneously, provide an opportunity to sustain the progress in Latin America. One example is the Certified B Corporation, a new type of enterprise that integrates social, environmental, and economic objectives within the core purpose of its business. In Latin America, almost 300 enterprises are certified as B Corporations, generating more than 20,000 quality jobs. This still represents a small fraction of business activity in the region. However, B corporations are expanding fast, and they may have a broader impact by motivating large companies to promote social and economic inclusion.

For this three-year project IDRC will partner with Fundación Impulsora de un Nuevo Sector en la Economía Sistema B (Sistema B), a regional organization currently present in 10 countries, to help promote a favorable ecosystem for the expansion of inclusive business. Sistema B works with enterprises, trade unions, researchers, foundations, and civil society to create alliances towards sustainable and inclusive development. The project will assess the impact of B corporations on economic opportunities for women and youth. It will support a platform to advance a research agenda on inclusive businesses, on the potential of B Corporations to contribute to social and economic inclusion, and on women’s leadership in B corporations. The project will produce teaching notes to incorporate inclusive business in university courses, as well as research papers, a book synthesizing key research findings, and practical tools targeted to B Corporations to enhance their social impact

Identificador del Proyecto
108457
Estado de Proyecto
Completed
Fecha de finalización
Duración
36 months
Funcionario del IDRC
Carolina Robino
Total del financiamiento
CA$ 626,600.00
Ubicación
South America
Programas
Employment and Growth
Employment and Growth
País de la Institución
Chile
Líder del proyecto
Maria Emilia Correa
Institución
Fundación Impulsora de un Nuevo Sector en la Economía Sistema B

Publicaciones

Entendiendo el impacto sistémico de las Empresas B para ofrecer oportunidades sociales y económicas a mujeres y jóvenes en América Latina

Entendiendo el impacto sistémico de las Empresas B para ofrecer oportunidades sociales y económicas a mujeres y jóvenes en América Latina

Informes

Autor(es) : Correa, María Emilia, Cooper, Mary-Ann

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Lenguaje: Español

El impacto de las empresas b en la inclusión económica y social femenina en Latino-América : un enfoque pseudo-experimental

El impacto de las empresas b en la inclusión económica y social femenina en Latino-América : un enfoque pseudo-experimental

Artículo

Autor(es) : Dávalos, J., Prialé, M. A., Daza, B., Ninahuanca, E. F.

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Lenguaje: Español

Innovation in companies with sustainability certification elements of its convergence

Innovation in companies with sustainability certification elements of its convergence

Article

B Lab is a non-profit organization that certifies companies for their social and environmental performance standards, transparency, and legal accountability. This article aims to identify how the innovation undertaken by companies certified by B Lab act on the sustainability activities. The sample obtained in the survey was composed mostly by microenterprises in the service sector. Results show the order of the “pillars” of positive sustainability as: a) social b) economic and c) environmental. The impact of innovations is more related to the economic pillar, followed by environmental. Ultimately the social “pillar” of sustainability was rejected.

Autor(es) : Oliveira Ruggi, Maíra, Cavalcante Nascimento, Thiago

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Lenguaje: Inglés

Are b-corps ready to be a gateway to the job market for women and young people in Latin America? : a prospective study of Argentina, Chile and Uruguay

Are b-corps ready to be a gateway to the job market for women and young people in Latin America? : a prospective study of Argentina, Chile and Uruguay

Article

The document presents findings regarding the type and quality of the impact that B-Corps and Purpose-Driven Companies (PDC) have in the inclusion of women and youth in Latin America. This study investigates whether B-Corps are a genuine means of employability for these two groups so that future strategies can be effectively designed in terms of public policy. B Corporation (also B Lab or B Corp) certification of "social and environmental performance" is a private certification of for-profit companies, distinct from the legal designation as a Benefit corporation. B Corp certification is conferred by B Lab in Latin America with Sistema B.

Autor(es) : Kaufmann, Ricardo, Pérez, Gabriela, Sobral, Gonzalo

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Lenguaje: Inglés

Movimiento legislativo de sociedades de beneficio e interés colectivo (B.I.C.) en América Latina : análisis, desafíos y propuestas para su avance

Movimiento legislativo de sociedades de beneficio e interés colectivo (B.I.C.) en América Latina : análisis, desafíos y propuestas para su avance

Estudios

Autor(es) : Connolly, Constanza, Filippi, Juan Diego Mujica, Noel, Soledad

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Lenguaje: Español

Mejores prácticas de diversidad e inclusión en las empresas b de america latina

Mejores prácticas de diversidad e inclusión en las empresas b de america latina

Artículo

Autor(es) : Correa, María Emilia

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Lenguaje: Español

Desafios para a inclusão de mulheres em empresas b no Brasil

Desafios para a inclusão de mulheres em empresas b no Brasil

Artículo

Autor(es) : Barki, Edgard, Villela, Malu

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Lenguaje: Español

Compra pública como motor de desarrollo de la economía de triple impacto : herramientas para avanar en su implementacion

Compra pública como motor de desarrollo de la economía de triple impacto : herramientas para avanar en su implementacion

Documentos

Autor(es) : Connolly, Constanza, De Pasquale, Franco, Noel, Soledad

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Lenguaje: Español

Purpose-driven companies : are you listening?

Purpose-driven companies : are you listening?

Study

The document presents the results and methodology of the research project (2018) regarding the type and quality of the impact that B-Corps and Purpose-Driven Companies (PDC) have in the inclusion of women and youth in Colombia and Kenya. Within a sample of nine businesses, four are in the final stages of B-certification. The qualitative methodological framework is based on participatory action research. One of the sample businesses is used as an in-depth case study to further understand the impact that these organizations can have on workers and stakeholders.

Autor(es) : Largacha-Martinez, Carlos

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Lenguaje: Inglés

Desafios para a inclusão de mulheres em empresas b no Brasil

Desafios para a inclusão de mulheres em empresas b no Brasil

Artículo

Autor(es) : Barki, Edgard, Villela, Malu

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Lenguaje: Español

Biophysical identification in eco-centric enterprises

Biophysical identification in eco-centric enterprises

Article

The article introduces the concept of regenerative enterprises, defined as ecologically-embedded businesses that restore and regenerate degraded natural ecosystems, while building resilience and wellbeing of local communities. The research is place-based and draws on a multi-sited rapid ethnographic (MSRE) design. The site was a Chilean organic and biodynamic vinery. The work focused on understanding eco-centric practices and decision-making within the everyday world of the firm. A de-natured view of organizations is prominent in sustainable entrepreneurship research, situating the bio-capacity needed to propel ventures as a peripheral circle, despite the growing emphasis on environmental protection.

Autor(es) : Muñoza, Pablo, Branzei, Oana

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Lenguaje: Inglés

Unifying approach to purpose-driven companies typologies : underlying business structures and management challenges

Unifying approach to purpose-driven companies typologies : underlying business structures and management challenges

Article

This is a theoretical paper designed as an exploratory study. The unit of analysis is the purpose-driven company (PDC); the theoretical framework is the social entrepreneurship theory, focusing in hybrid organizations. The aim is to identify and define the main terms that are used to refer to PDC´s, to detect PDC typologies in the international and regional literature; to analyze these typologies‘ characteristics and to find common or unifying patterns; to explore the business structures underlying these typologies and then to identify related management challenges concerning each business structure.

Autor(es) : Figueroa, Mag. Fernanda

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Lenguaje: Inglés

El impacto de las empresas B en la inclusión de mujeres y jóvenes en América Latina : fundación para el avance de las reformas y las oportunidades : grupo FARO : Ecuador

El impacto de las empresas B en la inclusión de mujeres y jóvenes en América Latina : fundación para el avance de las reformas y las oportunidades : grupo FARO : Ecuador

Artículo

Autor(es) : Villarreal, Andrea, Cuty, Daniel, Peña, Carolina, López Peña, Julio

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Lenguaje: Español

Are B Corps inviting women to dance? : an overview of the representativity of women in purpose-driven companies

Are B Corps inviting women to dance? : an overview of the representativity of women in purpose-driven companies

Article

Within a limited study sample (Argentina, Brazil, Chile, Colombia), B Corporations have a statistically higher proportion of women included in the workforce. Results show that B Corps from different countries are not very different among themselves. This suggests that the B Lab is currently successful in constructing uniform gender-representativity criteria for companies from all over the world despite cultural and contextual differences. B Corporations are purpose-driven companies that are certified by B Lab, and focused on stimulating businesses to improve their social and environmental practices.

Autor(es) : Velho, Beatriz, Mello, Ruth

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Lenguaje: Inglés

Hybridization movement of business through B corp certification

Hybridization movement of business through B corp certification

Article

This study provides an overview of the B Corps movement from an emerging country perspective, based on the profile and secondary data analysis of 45 Brazilian B Corps. B Corporation (also B Lab or B Corp) certification of "social and environmental performance" is a private certification of for-profit companies conferred by B Lab, a global non-profit organization. The phenomenon is drawing enough attention to support the proposition of the existence of another sector in the economy. Hybrid organizations such as B Corp enterprises raise new questions about accountability, control and legitimacy.

Autor(es) : Rodrigues, Juliana, Comini, Graziella

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Lenguaje: Inglés

Mujeres liderando en empresas b : revolucion o suavizante?

Mujeres liderando en empresas b : revolucion o suavizante?

Libros

Autor(es) : Calcagno, Ivana, Ferreira, Carolina, Hughes, Natalia, Lienau, Soledad, Pereira, Magdalena, Sanguinetti, Carmen

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Lenguaje: Español

Caracterización y medición del impacto de las empresas b en la inclusión de jóvenes y mujeres en América Latina

Caracterización y medición del impacto de las empresas b en la inclusión de jóvenes y mujeres en América Latina

Informes

Autor(es) : Barreto, Karla, Torres, Francoise, Jara, Sergio

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Lenguaje: Español

Caracterización y medición del impacto de las Empresas B en la inclusión de jóvenes y mujeres en América Latina

Caracterización y medición del impacto de las Empresas B en la inclusión de jóvenes y mujeres en América Latina

Informes

Autor(es) : Soria Barreto, Karla, Contreras Torres, Francoise, Zúñiga Jara, Sergio

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Lenguaje: Español

Mejores practicas de diversidad e inclusion en las empresas b de America Latina

Mejores practicas de diversidad e inclusion en las empresas b de America Latina

Estudios

Autor(es) : Correa, Maria Emilia

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Lenguaje: Español

Desafios para a inclusão de mulheres em Empresas B no Brasil

Desafios para a inclusão de mulheres em Empresas B no Brasil

Estudios

Autor(es) : Barki, Edgard, Villela, Malu

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Lenguaje: Español